2019 Budget Presentation 1 2019 Budget Summary All Funds - PowerPoint PPT Presentation

2019 Budget Presentation 1

2019 Budget Summary All Funds Estimated Beginning Balance $5,269,074 Budgeted Income $6,588,488 Budgeted Expenses $6,563,677 Net Difference $24,811 Estimated Ending Balance $5,293,885 2

2019 Budget Summary Property Tax Supported Funds General, Police, Fire & Capital Improvement Estimated Beginning Balance $2,562,374 Budgeted Income $4,297,460 Budgeted Expenses $4,332,116 Net Difference ($34,656) Estimated Ending Balance $2,527,718 3

2019 Budget Summary Transportation Related Funds Estimated Beginning Balance $379,758 Budgeted Income $384,320 Budgeted Expenses $378,075 Net Difference $6,245 Estimated Ending Balance $38,6003 4

2019 Budget Summary Waste Collection Fund Estimated Beginning Balance $169,195 Budgeted Income $448,158 Budgeted Expenses $465,968 Net Difference ($17,810) Estimated Ending Balance $150,385 5

2019 Budget Summary Water Fund Estimated Beginning Balance $2,127,773 Budgeted Income $1,446,750 Budgeted Expenses $1,386,318 Net Difference $60,432 Estimated Ending Balance $2,188,205 6

2019 Total Revenue by Source $6,238,488 (excluding transfers) Intergovernmental 14% Charges for Service Fines/Fees/Permits 32% 2% Investment Earnings 1% Miscellaneous 1% Special Assessments 0% Property Taxes 50% 7

Property Tax Dollar Greene Co. JVS City of Bellbrook Bellbrook -Sugarcreek School District 3.3% 22.6% 54.5% Park Greene Co. & Based on 2017 Residential Effective Tax Rates District Health District 2.1% 17.5% 8

Property Tax Distribution 2017-2018 Based on $100,000 home 2017 2018 School District $1,388 $1,311 City of Bellbrook $562 $531 Greene County $422 $395 Joint Vocational School $81 $78 Park District $52 $49 Health District $24 $24 Total $2,529 $2,388 Difference -$141 9

City Directed Revenue 2012 Costs 2018 Costs Property Taxes $834 $796 Water Fees $271 $271 Waste Fees $192 $156 Total $1,297 $1,223 Change from 2012 -$74 Based on a $150,000 home value with average quarterly water usage 10

2019 Budget Breakdown $6,213,677 (excluding transfers) Expenditures by Category Fringe Benefits 15% Contract Services 23% Supplies & Materials Wages & 4% Compensation 45% Capital Outlay 10% Other Expenses 1% Debt Service 2% 11

2019 Operating Expenses by Function Total Operating Costs - $5,438,705 Water Fire $1,085,626 $1,277,084 20% 23% Service $378,075 7% General $418,327 8% Waste $465,968 Police 9% $1,812,425 33% Other $1,200 0% 12

Year End Fund Balance (Property Tax Supported Funds) $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Est. Proj. Forecast 13

Year End Fund Balance (Water Fund) $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Est. Proj. 14

2019 Capital Improvement Program Capital Improvement Fund $474,280 Water Fund $164,550 Total 2019 Capital Budget $638,830 15

2019 Capital Improvement Program • Administration – Workstations, server, phone and fiber upgrades = $92,880 • Service – Annual Street Repair = $150,000 • Tentative list = Firebird, Dane Lane, Dane Court, Kim Court (milled and overlaid) – Downtown Improvements = $5,000 – 2.5 Ton Dump Truck (35% of cost shared with water) = $56,000 Total = $211,000 16

2019 Capital Improvement Program • Police – Update/Remodel old dispatch area = $10,300 – Shotgun lighting = $2,100 Total = $12,400 • Fire – Fire Station #2 improvements • Sleeping Quarters = $50,000, Parking Lot Improvements = $25,000 – Command Staff Vehicle = $40,000 – Self Contained Breathing Apparatus = $40,000 – Portable and Mobile Radios = $3,000 Total = $158,000 17

2019 Capital Improvement Program • Water – Fire Hydrant Replacement Program = $30,000 – Furnace for garage = $8,000 – Well Improvements = $10,650 – 2.5 ton dump truck (65% shared with Capital) = $104,000 – Chlorinators = $2,900 – Trenchbox = $9,000 Total = $164,550 18